Hyperdrive
Uber Investors Are Pressuring CEO to Revamp the Self-Driving Division
Once deemed a front-runner in autonomous vehicles, the ride-hailing giant is struggling with its software and losing some of its best brains.
Dara Khosrowshahi has been encouraged to re-evaluate Uber’s self-driving program, and is weighing the options.
Photographer: Samyukta Lakshmi/BloombergThis article is for subscribers only.
With deep pockets, some of the best brains in robotics and its hallmark hustle, Uber Technologies Inc. was once a serious contender in the race to build self-driving cars and revolutionize global transportation.
Today, the effort is lagging far behind rivals, and investors are getting antsy about the rationale for continuing a long-term science project that isn’t helping Uber become profitable or safeguarding its future.